Instant Marquees Limited

Instant Marquees Limited, based in Bodmin, UK, is a small, family-run business with an active status. Founded 23 years ago in 2002, the company employs nine people and holds £431,073 in assets. It operates from a virtual address, registered with 72 other companies, and is led by four directors and three owners. The company runs an e-commerce site and boasts a 5.0 Google rating based on six reviews. It regularly imports iron or steel products (10 months), with the latest import in September 2024, and occasionally exports textile products, sets, used clothing, and rags (1 month), last in September 2022.

The company's website, shelterinstantmarquees.co.uk, showcases a range of products, from pop-up gazebos and inflatable tents to flags and banners, catering to promotional and event needs. It positions itself as a supplier of premium, UK-manufactured gazebos and innovative promotional products, emphasizing quality and customer service. The site includes testimonials from satisfied clients, highlighting the company's reputation for excellence.

Financially, Instant Marquees Limited shows some concerning trends. Current assets have decreased by 18% to £430,000, while net assets have plummeted 24% to £300,000. Bank borrowings have decreased by 41%, but cash reserves have fallen a significant 79% to just £21,000. Trade debtors have increased by a substantial 81%, potentially indicating difficulties in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity is a cause for concern. No auditor is mentioned, so the figures are unaudited.

In short, Instant Marquees Limited is facing financial headwinds. While its website and product range appear well-managed, the declining cash reserves and equity suggest it's burning through money. Whether the company can maintain its momentum and profitability remains to be seen, but its family-run structure and commitment to quality could be key to its long-term success.

Registered in England/Wales under the registration number 04403788, with a registered address at PL31 2RQ, United Kingdom, Bodmin, Cornwall, Unit 22 Callywith Gate Industrial Estate, Launceston Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.